Taux de change des devises de la Banque nationale
Code | Nom | Unités | Taux |
---|---|---|---|
BYN |
Belarusian Ruble | 1 | 1 BYN |
RUB |
Russian Ruble | 100 | 3.4894 BYN |
CNY |
Yuan Renminbi | 10 | 4.5085 BYN |
EUR |
Euro | 1 | 3.5130 BYN |
USD |
US Dollar | 1 | 3.2736 BYN |
Convertisseur de devises
Exchange Rate Policy of the National Bank of the Republic of Belarus
The exchange rate policy of the National Bank of the Republic of Belarus is implemented in a floating regime. The National Bank does not set specific targets for the exchange rate or its fluctuations. Instead, the Belarusian ruble's exchange rate is determined by market forces, influenced by the balance of supply and demand in the domestic foreign exchange market.
Changes in the exchange rate may result from various factors, including global market dynamics and economic conditions in relevant countries. The flexible exchange rate serves as an "automatic stabilizer" against external shocks, mitigating their negative impact on the country's economy.
Under the floating regime, the National Bank conducts foreign exchange interventions to smooth significant fluctuations in the exchange rate. These interventions occur at the Belarusian Currency and Stock Exchange and aim to replenish gold and foreign exchange reserves.
The rules of the exchange rate policy guide decisions regarding foreign exchange transactions conducted by the National Bank at the Belarusian Currency and Stock Exchange. These rules focus on smoothing daily fluctuations in the currency basket value, maintaining a positive balance in the National Bank's transactions to replenish reserves, and limiting daily intervention volumes.
The rules consist of two main components: key elements defining the currency basket value corridors system, and an operational rule determining intervention volumes and currency basket values.
The currency basket value corridors system includes a central value, a neutral range, an operational interval, and a daily intervention limit. Interventions occur when the currency basket value exceeds the neutral range bounds. The National Bank conducts transactions to limit further movements within the operational interval. The daily intervention limit is calculated and influenced by market transactions, ensuring the prudent use of reserves.